What one should look forward to in the early stages of the USA banking crisis (now) is the following: Capital from the banks will flow from the lesser banks to the big boys. Mergers.Available Credit will be much less, loans will be harder to get and those who need them the most will not be able to qualify under new tougher underwriting of loans. Those who are not in need of credit will qualify. The strongest potential borrowers will be getting reevaluated constantly and find themselves dropping into lower credit ratings. Secured loans will be about the only type of...
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